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Second US cannabis company uplisted to NYSE to begin trading Tuesday
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Arkansas marijuana initiative has 91,000 verified signatures, elections chief says
A voter initiative that would significantly expand Arkansas’ medical marijuana program has attracted enough signatures to qualify for the November ballot, according to the state's top election official.
News October 8
Delaware inundated with adult-use cannabis business license applications
Delaware received more than 1,260 applications for adult-use cannabis business licenses, including 800 for 30 retail operations.
News October 8
Marijuana businesses seek alternatives to debt financing in slow capital market
Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to the expense of debt financing.
News October 8
Eaze winding down cannabis delivery operations as new owners ponder future
The former CEO of California’s largest marijuana delivery service, Eaze Technologies, said its parent company is winding down operations and new ownership will determine if the service continues.
News October 7
Marijuana operator TerrAscend withdraws $26 million from senior secured loan
TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan.
News October 7
Basketball great Carmelo Anthony enters new arena with cannabis brand, mission
Carmelo Anthony's 19-year NBA career included 10 All-Star nods and three Olympic gold medals. Today, he’s building a new legacy in the cannabis industry.
News October 7
Ohio recreational marijuana sales near $90 million in 7 weeks
Barely seven weeks since the launch of Ohio’s recreational marijuana market, sales have reached almost $90 million.
News October 4
Report details upside of New York’s adult-use cannabis market
New York regulators have issued a wide-ranging report on the state’s cannabis industry, which is finally showing signs of growth nearly two years after the launch of adult-use sales.
News October 4
What legalized psilocybin might look like in New Jersey
New Jersey lawmakers are hoping to succeed with psychedelics policy reform in ways their counterparts in California and Connecticut have not - at least not so far.
News October 4
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